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  1. Propertunity

    Owner builder valuation for tax purposes

    You're welcome but also please run your scenario by a qualified accountant who has some property experience.
  2. Propertunity

    Owner builder valuation for tax purposes

    Yes, you'd use a QS to establish the cost of the build (but remember this is only where you've lost receipts, otherwise it should be the actual cost). No, as a val will include the land component. 3 choices: 1. Keep for 5 years as a rental - no GST needs to be in the final sale price (but...
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